Cairns City, Queensland
Fully Renovated Freehold Hotel with Large Guest House in Popular Tourist Town - 127HF
OFFERS ABOVE $1.7M
Business Description
This popular modern pub/hotel (tavern) is located in popular FNQ Tourist town in Queensland. The hotel is well-known for its welcoming atmosphere, friendly service, and classic Italian cuisine. The property is located in a major tourist destination located about 60 kilometers south of Cairns, nestled between lush rainforests and the Great Barrier Reef.
The tavern is a central spot for locals and travelers alike, offering meals, drinks, and sometimes live entertainment. It’s a typical Australian country pub location with a modern and relaxed vibe and serves as a gathering place for events or social occasions.
The Tavern offers quite a variety of services and features!
- Bottle Shop
- Sicilian Restaurant
- Licensed Bar and Bistro
- Function Centre
- Outdoor Barbeque Function Area
- Expansive 4-room Guesthouse
- Commercial Kitchen
- Bar Fridges and Walk-In Bar Fridges
- Walk-In Food Fridges and Freezers
- Supply Receiving Bay
- Outdoor Swimming Pool
Together, these facilities makes the Tavern a comprehensive destination for dining, relaxation, and entertainment, catering to both locals and visitors.
Offers above $1.7M Seriously Considered
Adjusted Net Profit: $385,207 for 2024/25 (as provided by vendor accountant)
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 127HF (quote when enquiring)
Property Code: 5048
Business Summary
Key Investment Insights
1. Freehold ownership, fully renovated property, positioned as a long-term capital asset and owner-controlled operation.
2. Adjusted net profit of $385,207 for 2024/25, indicating strong current cashflow; vendor is seeking offers above $1.7M.
3. Diversified revenue streams including Sicilian restaurant, licensed bar and bistro, bottle shop, function centre and outdoor barbeque function area, supporting resilience.
4. Expansive 4-room guesthouse on site, providing accommodation income and cross-selling opportunities with the tavern and restaurant.
5. Comprehensive back-of-house infrastructure with commercial kitchen, walk-in food fridges and freezers, walk-in bar fridges and bar fridges, enabling high-volume food and beverage service.
6. Outdoor swimming pool and outdoor barbeque function area enhancing guest experience and event appeal for tourists and locals.
7. Located in a popular Far North Queensland tourist town about 60 kilometres south of Cairns, nestled between rainforests and the Great Barrier Reef, offering strong tourism catchment.
8. Well-known local reputation for a welcoming atmosphere, friendly service and classic Italian cuisine, supporting repeat business and local patronage.
9. Functions and occasional live entertainment position the venue as a community and event hub, increasing weekday and weekend utilisation.
10. Dedicated supply receiving bay and on-site facilities streamline operations and deliveries, supporting efficient inventory management and service reliability.
11. Modern, relaxed vibe of a country pub/hotel appealing to both locals and travellers, aiding broad market appeal and seasonal demand capture.
12. Tourism Brokers listing with contact point provided, enabling direct vendor engagement and inspection arrangements.
